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Company Name Parallel Petroleum Corp. Ticker Symbol PLLL

 Address 1004 N Big Spring
Ste. 400
Midland, TX 79701
United States
Email N/A Phone 1-432-684-3727
Website www.parallel-petro.com Fax 1-432-684-8057


 
Business Information

The group's principal activity is to explore, develop, produce and acquire oil and gas producing properties. The business activities are carried out primarily in Texas through three core areas: the onshore gulf coast area of south Texas, the permian basin of west Texas, and east Texas. The group uses 3-D seismic, avo and other technologies for successful drilling.

Executive Information
Name Title Email
Larry OldhamFounder, CEO, Pres. N/A
Donald TiffinCOO N/A
Steven FosterCFO N/A
Eric BayleyVP - Corporate Engineering N/A
John RutherfordVP - Land, Administration N/A

 
Financial Information  ( All figures in $ '000 )
Year Sales Net Income
2006 97,02526,155
2005 66,150(1,589)
2004 35,8375,585

 
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